Advance International Posts SAR 17.5M Loss in 2025
Advance International Company for Communication and Information Technology (9524) reported a net loss of SAR 17.50 million for 2025, versus a net profit of SAR 1.80 million in 2024, as revenue declined 4.24%.
Key Numbers
Advance International Company for Communication and Information Technology (9524) announced its annual financial results for the year ended December 31, 2025, posting a net loss of SAR 17.50 million compared to a net profit of SAR 1.80 million in the prior year. Revenue declined 4.24% to SAR 41.45 million.
Key Financial Results
| Item | 2025 | 2024 | Change |
|---|---|---|---|
| Revenue | 41,452,812 | 43,288,117 | -4.24% |
| Gross Profit | 7,237,124 | 16,708,852 | -56.69% |
| Operating Profit | -16,349,384 | 2,691,768 | - |
| Net Profit (Loss) | -17,504,211 | 1,801,213 | - |
| EPS | -0.28 | 0.03 | - |
| Shareholders' Equity | 19,455,529 | 36,905,737 | -47.28% |
Key Highlights
The company attributed the loss to a 56.69% drop in gross profit, indicating significant deterioration in operational efficiency and cost management. Accumulated losses reached SAR 12.38 million, representing 38.7% of capital. Total shareholders' equity decreased by 47.28%. The external auditor issued an unmodified opinion.
Guidance
No specific guidance was provided in the announcement.
Impact on Stock
The results are expected to negatively impact the 9524 stock price in upcoming sessions, given the sharp swing from profit to loss.
What This Means for Investors
The results highlight severe operational challenges, with declining revenue and collapsing profits. Investors should monitor any corrective actions announced by management.
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